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. >> very nice. >> all right. aside from that, we'll take a look at upbeat economic news out of china. the purchasing managers index rising to 50.9 in december. highest level since august. the surge also helped speculation the chinese government will take additional steps to support its economy. of the 15 times china's up 3%, since '09, s&p that day is up 13 times. almost every time. despite the futures today, is it a good omen for the markets here? >> look, there was a dichotomy in that government. there were people who were concerned about inflation. and there were people who said, listen, we're not growing fast enough. they do have a lot of levers. if they want to grow, i still -- i've been a bull on china. if they want to do 9%, 10%, they have the ability to do it. all they have to do is have a gigantic sewer infrastructure program. >> that's true. there's going to be an economic war conference held soon. it's believed the government will start to release growth forecast at that conference and perhaps unveil some further stimulus measures or tip their hat in terms of whether they
it will be a buying opportunity, we like companies that have good market share globally especially if china starts to grow a little bit and we like the european companies that were beaten down particularly the large caps, that we will take advantage of the emerging market, china moving up. we like anything associated with housing and they have been performing very well even on days when the market has been selling off and you can see the strength of their but the warning is if we go off of this, everything is subject to more sell-offs. perhaps more bargain hunting. adam: fiscal cliff negotiations are moving as deadly as rush-hourrtraffic in boston which can be a nightmare. you have a good new year. let's hope they get a deal done. all the best to you. >> thank you. adam: it is a quarter till time to check stocks again. every 15 minutes we doing here. lauren simonetti will do that at the stock exchange. >> volume is light but traders -- we saw a triple digit loss for the blue chip average down 89 points, declined across the board, volume decisively lower, the margin between gaining and losing stock
. export orders, a sign of weakness there and in china and in some of the pmi figures that we got across europe. so the theme that is emerging, while germany even showed some signs perhaps of strength in its service sector, there's still concern about global growth prospects. for that reason, all the more reason why perhaps it's important for policymakers to be proactive, including mario draghi. back over to you guys. >> thank you for that. who is going to be the squawk perpendicular of the year, joe? >> you mean if we pick one? >> if we pick one. >> we have to pick one that's not obvious. >> like mcafee, maybe. i had an opportunity to pick business person of the year and i picked richard scrusi. it's so hard to find an honest cfo. remember the guy that helped out? i think he was on his way up the river or something. you have to pick it so there's an edge to it. >> like leo apatae or something like that. >> no, like mcafee. i didn't mention that, but he may get the squawk person of the year award today. it depends on how he answers your probing -- your father was a litigator, right? >> t
was this china pmi number. i know gordon chang has been on. dagen: yes. we were there. charles: a lot of people do not believe the china story. this number to me tells really nice with other things. dagen: most people already own it in their 401(k). charles: you are absolutely right. the stock is down pretty big from where it was. this last quarter was a disaster. north america construction was up. almost everything should go up next year. i love the risk reward on this. connell: this will be a huge story whether china is about two, you know, come back or collapse. charles: a minimum of 8.5% next year. we would take it in a heartbeat. dagen: deceleration is dangerous even if you are still going at 8%. connell: thank you, charles. appreciate it. dagen: we are. on saturday morning. connell: umbrella. no changes to the tax structure. dagen: more on the impact of the fiscal cliff. women are worried about it. there will not be spending that much on it on you. they will probably be spending it on themselves. a look at how the world currencies are very against the dollar today. ♪ there is no mass-pr
and more is expected in the next several years. >> a house in china that stood as a symbol of resistance has been turned down. it sat in the middle of a road. the neighborhood around it was destroyed but the owners refused to sale so the government built the road around the home. in the end the owners agreed to take $41,000 in compensation and the home was torn down. >> it has been a wet week here in the bay area but what about the sierra in how much snow is expected to fall by the end of the weekend. >> and a ramp on the run from police. more of this video and tell you how it all finally ended. . >> a bit of a lull in the wet weather coming our way for today with the next powerful punch already on the way as well. . >>> quite the unusual police pursuit stalled traffic in iowa yesterday. a ram jumped from a trailer started running. officers tried catching with their cars but it didn't work president the ram then ran for about an hour before a crowd was able to corner it and tackle it. the homeowner was cited for having an animal at large. >> poor guy. it is going to be a snowy weeken
of china. >> gretchen: no doubt. jennifer griffin live from the pentagon, thank you. >> tracking a person's every move without them knowing. it's as simple as buying a smartphone app but legislation could change that. we'll look at that for you next. plus, the changing face of america. pretty soon there will be no racial majority in our country. what will that mean for society? what about politics? that's coming up. stick around. >> gretchen: new senate bill taking on the so-called stalker apps that help smartphone user track victims. the bill was sponsored by al franken that closes a loophole that laws apps to secretly operate on a cell phone and transmit their location without their knowledge. the bill updates laws passed years before laws revolutionized smartphones. you've been working on this since the '90s. you see this as a domestic violence situation. >> it's another way to empower a stalker. they can put an application on your phone without you know and follow you wherever you are. stalking encompasses a lot of behavior, one is to know where you are all the time and send harassing
of uninhabited lands between japan and china. japan sent eight fighter jets after a chinese plane was seen near the islands. it was gone by the time they got there. china continues to claim the islands. the islands have been in japanese control for years. japan bought the privately owned islands in september. >>> some are calling it a break-through, north korea making its first successful long range rocket launch but less than 24 hours after liftoff a u.s. official tells cnn the country may not be in full control of the satellite. joining me is cnn contributor and retired u.s. army general spider marks. good morning. >> good morning. >> what does this mean? is this a setback for north korea? >> it's not a setback at all for north korea. north korea successfully launched something into an extra atmospheric orbit, albeit it's not control. they were able to build a three-stage missile and get an object into space. >> here is how leon pa net ta spoke about it. he spoke to erin burnett in afghanistan. >> this is a clear provocation. we've warned them not to do it. we've been very concerned about the
the stock, says its recent problems in china, only temporary. at this price $68 a share. 68 they say heading higher. goldman is downgrading darden restaurants. t it says -- it says the turnaround at olive guaarden is slow. it is down. boston beer makes sam adams beer, it expects to make more money next year, simple reason it is selling more beer. the stock hit all-time high today. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. stuart: the federal reserve is going to start tying interest rates to the unemployment rate. ben bernanke says he will not raise interest rates until unemployment is down to 6 1/2%. there's the link. all rise, judge andrew napolitano. i haven't even got his name out and he is shaking his head. what's so wrong with the federal reserve saying l
, how to export more. we need the country to be more competitive so we can export to china, mexico, export to canada. that's critical, growth. if we have growth, we hire more people. dagen: drew, thank you, great to see you. happy new year. >> thank you, go rg iii. dagen: yeah, babe! we'll kick the cowboys you know what into mexico. drew, thank you, be well. end on a positive note. positive newses too for the housing market, recovery on the way. anthony sanders is here saying washington better not screw it up. in a show of arms, iran's military moves and what that means for the price of oil and gasoline here at home. look at how oil is trading today, well above $90 barrel a mark, down just slightly, but close to 91 bucks. ♪ [ male announcer ] at scottrade, you won't just find us onli, you'll also find us in person, with dedicated spo teams at ove500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready t
it matters, and it does. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> welcome back to "squawk box," everybody. in our headlines we're about an hour away from the november jobs report and the numbers are expected to be impacted by sandy. the dow jones forecast is calling for new 80,000 nonfarm jobs. >>> the reuters forecast is calling for 93,000 new jobs. >>> ibm is implementing a significant change to its benefit program. starting next year matching contributions to employees' 401(k) accounts will be given in one lump sum on december 31st. if a worker leaves the company before december 15th, they won't get anything from that
sachs to buy from neutral. citing increased potential for yum's operations in china. although, that's what we talk about all the time. kfc in china. that's the growth in their, i think isn't yum bigger than mcdonald's in terms of total number? >> yeah. >> i think subway is, too. research -- >> they don't even call it kentucky tried anymore. >> kfc. >> and it's really chicken. >> that's uncalled for. what do you think it is, cat? that is uncalled for. >> this is all i'll say. >> tastes like chicken. >> yes, it's chicken! if david novak -- >> taco bell. >> yeah, taco bell. >> is that really meat? is that your next -- >> no. all right. the restaurant -- research in motion, rim shares coming off a seven-month high on news that the u.s. immigrations and customs enforcement agent are going to use the blackberry 10 on a trial basis. that is on news, did you see this, that the agency is going to ditch the iphone in favor -- >> okay, so why? >> i don't know. i just want to say, so blackberry was one of the sponsors of the thing yesterday, at the dealbook conference and they showed off the bl
in developing countries like china to the idea of a more peaceful world year. the 1 billion stores across an international boundary on december 13th. >> bay area sports and the raiders taking on the broncos at the coliseum last night. peyton manning through his 30th touchdown pass of the season and went on to beat the raiders 26 to 13. carson, threw an interception that thwarted a possible scoring opportunity for the raiders. he also lost a fumble that set up a touchdown for the broncos as oakland lost its sixth straight game. the raiders to gun kansas city chiefs' next monday december 16th at the coliseum at 125. >> 8:52 a.m. and we will be back in a couple of minutes. here is the lead from the roof on foot van ness and san francisco. blue skies and we are looking at nice sunshine for today and right for your weekend. before cold & flu season, help prevent with lysol disinfectant spray. and use the lysol no touch hand soap for 10 times more protection with each wash. this season, a good offense is the best defense. lysol. mission for health. (car horn) paying with your smartphone instead
it will consider an appropriate response. but china, north korea's biggest ally, says a moderate response is needed to avoid further escalation. >>> and software pioneer john mcafee is back in the u.s. after being deported from guatemala. he arrived in miami last night and went to an upscale hotel. it's not clear what if any legal issues he faces in the states. officials in belize want to question him in connection with the murder of a neighbor. so this confusing and bizarre story continues. >> indeed. >>> this could be the biggest news story of the day. the announcement that so many of us, and i put myself in this category, the directionally challenged. this is the news we have been waiting for. here we go. google maps is back for apple's iphone 5. the new google maps app for the iphone was released last night. it comes out three months after apple replaced google maps with its own mapping technology. as many of us know, that was a complete disaster. as we have reported. so now google maps are back on the iphone. it was so bad, apple axed two of their executives because that software was so bad. s
is performing very well. they have geek squad. and they have a fast-growing chain in china. so for all its problems, i do believe that schulze believes that there is things that they can do to save the company and not only save it but make it prosperous. >> just before we let you go, do you have any appreciation as to what might be an acceptable offer? i mean, are there figures being bandied around from the other side? >> yeah. we've heard that best buy would be comfortable with $20 a share. now, whether or not they get that or not, i don't know. but i think it's interesting that the buzz is out there that the company would be open to $20 a share. you certainly would have heard that just a few months ago when this whole process started. >> thomas, congratulations on your exclusive. it's good to see you. thomas lee from "the minneapolis star-tribune." thank you. >> thank you. >>> speaker boehner coming out just moments ago saying the president needs to step up in the fiscal cliff negotiations. the democratic leadership is preparing to respond. we will bring you comments from senators harry
Search Results 0 to 13 of about 14